While the Tiburon Summit wrapped up last month, the content covered during the event remains highly relevant for our audience. With that in mind, FintekNews friend Marie Swift, publicist for the event, has provided us with an overview of the conference, and it's well worth the read to get a fresh understanding of where fintech is headed for the coming year. CLT


By Marie Swift for FintekNews

Held twice a year for the past 18 years, the Tiburon CEO Summit has become one of the most sought-after tickets in the world of finance. This spring’s gathering was no exception as hundreds of industry titans gathered in downtown Manhattan for the 36th Tiburon CEO Summit, which was held April 1-3, 2019, at The Wagner in New York City. Chip Roame, the managing partner of Tiburon Strategic Advisors, played host once again to some of the heaviest hitters in the world of finance. CEOs and other C-Suite executives came together to participate in this executive summit, and of course, to listen to Chip Roame’s 90-minute keynote address.

The summit also featured the firm's traditional client-centric panel discussion (panellist names are always withheld to protect their identity) and two evening networking-based social events.

My team and I were there to help with onsite logistics, video capture and handle public relations. I’ve lost track of the number of Tiburon CEO Summits I’ve attended, but a quick mental check puts me attending at least a dozen and maybe more. What goes on behind closed doors (and even in the hallways) at the Tiburon CEO Summits is not revealed to the general public – and for good reason. Executives who come to the Tiburon CEO Summits often have animated and important conversations with the group as a whole and with each other in the corridors; thus, they have asked that their presentations and hallway conversations be held in confidence. But I’ll share what I can here, pulling back the curtain where I can, while sticking to the Tiburon code of honour.

Here are three videos, captured by my team and livestreamed with permission from Tiburon, during CEO Summit XXXVI:

Day 1 - April 2:

Chip Roame’s

90-minute keynote address

broadly addressed the state of the financial services industry, with a specific focus on the growing wealth management market. A smattering of fintech related factoids is shown below, in this article. If you’d like to watch the keynote captured via livestream, click here.

Day 1 - April 2:

There was an introduction to

Impact Adventures

, a way for folks in the finance community to give to people in need. Rather than simply donating money, these men and women give their time, traveling around the world, visiting different communities, seeing first-hand the good they do by helping others. To hear Craig Weiss, President of First Rate, speak more about this charity adventure in his 15-minute presentation, click here.

Day 3 - April 3:

Skip Schweiss of TD Ameritrade and Craig Gordon of RBC spoke about something that has been traditionally called

Skip & Chip’s Excellent Adventures

. These outdoorsy-type adventures are meant to bring the Tiburon community executives together in a fun but challenging way. Options for those who are less inclined to exert a great amount of physical energy are now being offered as well. The goal is to build camaraderie and generate conversations outside of traditional business settings. To see this 15-minute talk by discussing past and future adventures, click here.

In addition to Chip Roame’s keynote, there were over twenty sessions during the CEO Summit. While none of these presentations are publicly available, I can tell you that speakers and panelists included this list that reads like the Who’s Who in the financial services / fintech realm:

Walt Bettinger (CEO, The Charles Schwab Corporation); Dave Barton (Vice Chairman, Mercer Advisors); Adam Birenbaum (CEO, Buckingham Family of Financial Services); Tom Bradley (CEO, Tom Bradley Advisors); Ron Carson (CEO, Carson Wealth Management Group); Brendan Clark (CEO, Clark Capital Management Group); Bill Crager (CEO, Envestnet Wealth); Gayle Crowell (Senior Advisor, Warburg Pincus); Scott Curtis (President, Raymond James Financial Services); Nate Dalton (CEO, Affiliated Managers Group (AMG)); Bruno del Ama (Former CEO, Global X); Harry Dent (Founder, Dent Research); Jim Dowd (CEO, North Capital Private Securities); Tad Edwards (CEO, Benjamin Edwards & Company); Ken Feinberg (Managing Partner, The Law Offices of Kenneth Feinberg); Kim Fleming (CEO, Hefren-Tillotson); Craig Gordon (Chief of Strategic Development, RBC Correspondent & Advisor Services); Scott Hanson (Co-CEO, Allworth Financial); Lori Hardwick (President, Advisor Innovation Labs); Salene Hitchcock-Gear (President, Prudential Individual Life Insurance); Tim Hockey (CEO, TD Ameritrade); Hunter Horsley (CEO, Bitwise Asset Management); Sheena Iyengar (Professor, Columbia Business School); Ramya Joseph (CEO, Pefin); Brandon Krieg (CEO & Co-Founder, STASH); Kevin Mahn (President, Hennion & Walsh Asset Management); Bridget McNamara-Fenesy (CEO, M Holdings Securities); Jan Molino (CEO, Aspire Ascend); Jim Nagengast (CEO, Securities America); Sandra Nesbit (Managing Partner, GFS Private Wealth Advisors); Steve Piaker (Partner, Napier Park Financial Partners); Alison Reyes (Partner, 1843 Capital); Karl Roessner (CEO, E*Trade Financial Corporation); Mark Rodrigues (Partner, Illuminate Financial Management); Kristi Ross (Co-CEO, tastytrade); Knut Rostad (President, The Institute for the Fiduciary Standard); Charlie Ruffel (Chairman, Kudu Investment Management); Skip Schweiss (President, TD Ameritrade Trust Company); Clara Shih (CEO, Hearsay Systems); Andy Stewart (Founding Partner, Motive Partners); Ram Subramaniam (President, Fidelity Brokerage Services); Raj Udeshi (Founder, HiddenLevers); James Waldinger (CEO, Artivest); Elliot Weissbluth (Chairman, HighTower); Craig Wietz (President, First Rate); Ed Yardeni (President, Yardeni Research); Al Zdenek (Execuitve Vice President, Mercer Advisors); and others.


Here’s a bit of background on the Man Behind the Summit, Chip Roame, the Managing Partner of Tiburon Strategic Advisors:

Charles ("Chip") Roame is the Managing Partner of Tiburon Strategic Advisors and a leading strategic consultant to CEOs, other senior executives, and boards of directors in the banking, insurance, brokerage, and investment management markets. Prior to forming Tiburon in 1998, Roame served in similar capacities, first as a management consultant at McKinsey & Company, and later as a business strategist at The Charles Schwab Corporation.

Roame is quoted daily throughout the media and, due to Tiburon's widely shared research, he is frequently asked to serve as a board advisor for some of the industry’s most impressive companies. He presently serves as a board member of Envestnet (NYSE: ENV), as a board member of Edelman Financial Services (Ric Edelman's business backed by Hellman & Friedman), and as a trustee of the SA mutual funds family (which is sponsored by Loring Ward and employs Dimensional Fund Advisors as its sole sub-advisor). His particular expertise is that of corporate strategy for larger financial services firms, designing broad multi-faceted strategies and making trade-offs between alternative businesses, products, and markets.

Roame has responsibility for all of Tiburon's consulting, research, and marketing activities which keeps him on the leading-edge of strategic initiatives in the industry's fastest growing businesses -- exchange traded funds, hedge funds and other alternative investments, bitcoin and blockchain, financial planning, wealth management services, life insurance, annuities, family office services, online financial services, and the growing independent advisor markets. He has also taken a substantial interest in regulatory issues such as the fiduciary standard, and in financial services industry venture capital and private equity opportunities and mergers and acquisitions transactions. Roame has led over 1,900 client engagements for over 450 corporate clients since 1998.

Roame has won numerous awards throughout the private equity, investment banking, consulting, and financial services industries, including being named one of the Power 25 Elite by

Investment News

, one of the 25 most influential individuals in the advisor business by

Investment Advisor

magazine, and one of the Five Experts with the Answers by

Boomer Market Advisor

magazine. Tiburon has also been named one of the fastest growing companies by the

San Francisco Business Times

in multiple years.

For interesting fintech facts and observations, derived from Chip Roame’s keynote presentation and Tiburon Strategic Advisors’ research, click here to download a few hand-selected slides.